2014 (5) TMI 172 - HC - Central Excise

Waiver of pre deposit - Held that - order dated 27-4-2013 is modified in the following terms - (i) the petitioner shall deposit, within a period of 15 days from today, half the amount of Rs. 15,76,805/- with the department; (ii) as regards the balance amount, the petitioner shall file an affidavit before the appellate authority undertaking to pay the balance amount within 15 days of decision of the appeal; (iii) in case the petitioner does not abide by the aforesaid conditions, present writ petition shall be deemed to have been dismissed - Decided conditionally in favour of assessee.

Summary

The High Court Punjab and Haryana modified the order dated 27-4-2013, allowing the petitioner to deposit half of Rs. 15,76,805 as a pre-deposit, with the balance to be paid within two weeks of the appeal decision. Failure to comply will result in the dismissal of the writ petition. The writ petition was disposed of with these modifications.